The profitability of Canadian marijuana exports into the US peaked during the mid 1990′s. At this time, the US dollar was worth up to $1.60 Canadian, and American prohibition was in full swing which kept prices high. It was a very profitable time to bring BC Bud across the border.

Since that time, the demand for Canadian cannabis in the USA has been on a slow and steady decline. California legalized medical cultivation and sale in 1996, and other states have steadily followed their lead. Now there are 20 states with some form of legalized medical marijuana, and two states with full legalization. Combine this with a US dollar basically at par with Canada’s, and we see why the demand for imported BC Bud has declined dramatically in the USA.

One Comment to “The coming marijuana crash”

March 28, 2014 at 12:49 PM John Sergovich says:

Of course you’re right and when people see that it’s also the world’s most practical source of liquid fuels such as ethanol and butanol it will get cheaper still as it will be our number one industrial food crop again.